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[quote=Anonymous][quote=Anonymous][quote=Anonymous]This is definitely how I feel when I find out people have significant parental help in the form of house down payments (or full purchase price), tuition, completed 529’s, free trips to Hawaii, etc. It’s all very hush hush because they want it to seem like they aren’t getting that much help.[/quote]

I get what you’re saying but there’s a difference between basic privacy and keeping things hush hush. Do you go around telling everyone the details of your mortgage rate and closing costs?

[/quote]

It does come off as “hush, hush” when people talk a lot about money but very selectively don’t mention the ways they are subsidized by family. It gives an impression that, when you learn the truth, comes off as intentionally misleading.

I don’t expect anyone to disclose anything about their finances, but if someone brags about their great mortgage rate and how clever they were in finding the right lender, but declines to mention the 100k they received from mom and dad for a down payment which enabled them to get that rate… it’s definitely a bit of a ruse. A lot of people with family money like yo give off the impression they are just good with money, when in reality they’ve never really had to save or haven’t been responsible for 100% of their housing costs and bills ever in their life, despot being in their 30s.[/quote]

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